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... So they need to build more housing.
by bongodongobob 3y ago
... So they need to build more housing.
- DamnYuppie 3y agoOr reduce immigration.
- nkjnlknlk 3y agoThere being one significant factor does not mean there are no other significant factors. The same goes for solutions.
- gadders 3y agoEr, no. https://www.japantimes.co.jp/news/2024/02/29/world/politics/canada-student-trafficking-industry-trudeau/ https://www.japantimes.co.jp/news/2024/02/29/world/politics/...
- stanleykm 3y agoare you guys really so invested in airbnb being present in Canadian cities? “Just build more housing”, “Just reduce immigration” all for airbnb’s benefit?
- selectodude 3y agoAirBNB provides a service to out of towners who want to arrive, use very little social services, spend a bunch of money, and then leave. How is this bad? I don’t understand.
- bongodongobob 3y agoBecause a lot of these houses sit there vacant for big percentages of the year. For example (easy numbers) if your mortgage is 1k/month, you can afford to rent it out for 200/night a leave it vacant the other 25 days of the month. You ever see a hotel on a Tuesday? No one is there. Now stretch that across all the airbnbs in a city. I don't understand how someone can't see how that isn't bad and is crating artificial scarcity. Homes are not hotels.
- stanleykm 3y agoBecause this site is full of free market absolutists and they have no interest in considering the downstream effects.
- philwelch 3y agoCanada would need to increase housing faster than population regardless; Airbnb is just a red herring.
- LegitShady 3y agoairbnb contributes to the problem but doesn't create it. It also makes for bad neighbourhoods.